Company Update February 2015 COMPANY PRESENTATION February 2015 Connect With Us: TEGinvestors on
Wisconsin Energy/Integrys Energy Group Transaction Overview Definitive agreement announced June 23, 2014. Fixed exchange ratio of 1.128 WEC shares per TEG share. Company Update February 2015 18.58 cash consideration for each TEG…
Integrys Energy Group A Leading Midwest Energy Company Company Update February 2015 Electric Holding Regulated Regulated Natural Gas Transmission Company Electric and Other Investment * *Integrys Energy Group owned…
Regulated Investment Growth Opportunities Company Update February 2015 Selected Major Project by Segment (Through 2023) 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Regulated Electric Columbia environmental upgrade…
Electric Transmission Investment Overview American Transmission Company (ATC) www.atcllc.com Company Update February 2015 Meets electric needs of more than five million people in 72 counties in four states: Wisconsin, Michigan,…
DUKE American Transmission Co. Company Update February 2015 Joint venture between Duke energy and ATC (DATC) Ownership is split 50/50 between Duke and ATC DATC has identified several investment opportunities Californias Path 15…
Key Investment Highlights Execution of our business plan for the regulated utilities remains on track as we continue to make prudent infrastructure investments for approved projects Company Update February 2015 Our 34% ownership…
11 Appendix
Company Update February 2015 12 Regulated Operations Map
Regulated Utilities Regulatory Rate Base and Return on Equity PGL NSG MERC MGU WPS Natural Gas Natural Gas Natural Gas Natural Gas Natural Gas Electric Retail last authorized, IL/MN Company Update February 2015 Rate…
Regulated Utilities Statistics PGL NSG MERC MGU WPS As of 12-31-2014 Company Update February 2015 Electric Customers 450,000 Natural Gas Customers 828,000 159,000 219,000 171,000 326,000 Generation capacity (megawatts)…
Peoples Gas and North Shore Gas 2014 General Rate Cases Orders Summary of Company Surrebuttal vs. Illinois Commerce Commission (ICC) Final Order and Second Amendatory Order ICC Second Company Update February 2015 Company…
Wisconsin Public Service Wisconsin Retail Jurisdiction 2014 General Rate Case Final Order Electric Retail WPS Original PSCW Staff PSCW Final Order Rate Increase/(Decrease) 76.28 M 28.75 M 24.60 M Rate Base/Investment 1,900.00 M…
Wisconsin Public Service Michigan Retail Electric Jurisdiction 2014 General Rate Case As Filed Filed on October 17, 2014 with a 2015 Test Year. Interim rates effective April 15, 2015. Electric Retail WPS Filing Rate Increase…
Innovative Ratemaking Risk Reducing PGL NSG MERC MGU WPS Measure In Place Natural Gas Natural Gas Natural Gas Natural Gas Electric Natural Gas IL Sena te Bi l l 2266 Company Update February 2015 Legislative Rider for a pproved a…
State Regulatory Commissions in Jurisdictions Served by Integrys Energy Group Initial Date Commissioner Party Affiliation Appointed By Appointed Confirmed Term Expires Illinois 5-year terms, party split required, appointment by…
Estimated Capital Expenditures (Dollars in Millions) 2015 2016 2017 Total Company Update February 2015 Wisconsin Public Service Corporation 387 385 456 1,228 Peoples Gas 406 401 395 1,202 Minnesota Energy Resources 39 38 43…
Estimated Utility Depreciation and Amortization Depreciation and Amortization By Company (Millions) 2015 2016 2017 Total Company Update February 2015 Wisconsin Public Service 110 141 137 388 Peoples Gas 116 124 127 367…
Financing Summary Provide adequate capital levels at a reasonable cost and maintain current credit ratings; see Slide 24 for Company Update February 2015 credit rating details Transactions expected in 2015 Long-term debt…
Integrys Long-Term Debt Maturities 300 Company Update February 2015 200 Millions 100 0 2015 2016 2017 2018 2019 2020 NSG PGL WPS TEG NOTE: 2016 maturities exclude approximately 270 million of Integrys Energy Group…
Integrys Credit Ratings Standard & Poor's Moody's Company Update February 2015 Integrys Energy Group Issuer credit rating A- N/A Senior unsecured debt BBB+ A3 Junior subordinated debt BBB Baa1 Commercial paper A-2 P-2…
Additional Information and Where to Find It Additional Information and Where to Find It In connection with the proposed merger transaction between Wisconsin Energy Corporation Company Update February 2015 (Wisconsin Energy) and…